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In recent years around the world, the economic development and transformation occurring in milk and milk products production have affected consumption and trade. Especially in developing countries, the increase in per capita income and population required additional milk and milk products which hold an important place in human nutrition. This increased demand for milk and dairy products led to an increase in milk and dairy products production and trade especially in developing countries. As a result of these developments, milk and milk products sector has become an area to attract national and international investments. In this study, the objective is to make an overall assessment of the world of milk and dairy products in terms of production, consumption, prices and trade and to determine the changes and emphasize the trends in these areas. E.U. ranks first in total milk production (20.57%) fallowed by India (16.56%) and the U.S. (12.05%). Per capita milk consumption in the World has increased from101 kg in 2006, to 109 kg in 2012. The upward trend in World milk production, consumption and trade continues. Especially in recent years New Zealand and Australia's export market share for dairy products is increasing while the EU's share is declining. The importance of China, Russia, Mexico and Japan continues in the imports of dairy products. [ABSTRACT FROM AUTHOR]

The purpose of this study is to determine whether there is a causal relationship between the use of agricultural credit an agricultural production. For this purpose, an 18 year time series data was used between the years of 1995-2012. To test the causality between agricultural production and agricultural credit, Augmented Dickey-Fuller (ADF) unit root test, Johansen co-integration test and Granger causality tests were used. According to the results of Granger causality analysis, there is a unidirectional causality from agricultural production to agricultural credit use. [ABSTRACT FROM AUTHOR]

Positive developments in Turkey's economy in recent years, led to the rapid growth of the economy. The agricultural sector has created a driving force for this growth. The agricultural sector grew by 3.9% on average in the last five years, whereas the GDP grew only by 3.1%. These results indicate that the contribution of agriculture does not burden the economy; on the contrary it provides a contribution. Determination of the economic factors affecting the growth occurred in the agricultural sector is the subject of the study. For this purpose, 23 years time series data between the years1990-2012 were used. Regression analysis was carried out to determine the economic factors that affect agricultural growth. According to the results obtained from the regression analysis, gross fixed capital investment in agriculture, agricultural subsidies and agricultural growth positively affect the share of agriculture in GDP, the number of agricultural population employed in agriculture has been found to affect growth negatively. [ABSTRACT FROM AUTHOR]